2222 Pier Avenue, Santa Monica, California 90405, Santa Monica, 90405 - 5 bed, 3 bath
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2222 Pier Avenue
Santa Monica, California 90405
ACTIVE
CONDITION: GOOD
5Beds
3Baths
3,464Sq Ft
8,259Lot Size
Property Price
LIST PRICE$3,125,000
EST. MARKET VALUE
$3,235,925
3% BelowMARKET VALUE
SUMMARY
This Versatile Coastal Property represents a Strong Value Opportunity, listed at $3,125,000—positioned well below the $3,235,926 Fair Market Value by 3%. This valuation gap provides $110,926 in Instant Equity. Featuring a 5-bedroom main residence and a detached 2-bedroom guest house, the home offers a Condition Rating of 3, blending move-in readiness with income-generating potential. With an oversized 8,259 SF lot and 3-car garage, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible, high-demand Santa Monica living.
Estimated Market Value
$3,235,925+$110,925 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2222 Pier Avenue Subject | $3,125,000* List Price | 5 | 3 | 3,464 | $934 | - |
A 2016 Ashland Avenue Sold | $3,450,000 | 4 | 3 | 2,420 | $1,426 | 0.2 mi |
B 3316 Pearl Street Sold | $3,350,000 | 6 | 4 | 2,764 | $1,212 | 1.0 mi |
C 2336 22nd Street Sold | $3,050,000 | 4 | 2 | 2,500 | $1,220 | 0.5 mi |
D 2658 34th Street Sold | $3,004,454 | 5 | 4 | 2,667 | $1,127 | 0.9 mi |
E 2921 11th Street Sold | $2,231,000 | 4 | 3 | 1,979 | $1,127 | 0.8 mi |
F 2628 32nd Street Sold | $3,015,000 | 3 | 3 | 2,140 | $1,409 | 0.8 mi |
G 2645 33rd Street Sold | $3,950,000 | 4 | 3 | 3,261 | $1,211 | 0.9 mi |
H 2934 Glenn Avenue Sold | $2,853,000 | 4 | 3 | 2,082 | $1,370 | 0.8 mi |
I 1720 Oak Street Active | $2,949,000 List Price | 4 | 2 | 2,219 | $1,329 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1979, the property has been well-maintained with significant updates including a newer detached guest house, solar panels, and dual-pane windows. The interior features renovated bathrooms with modern glass showers and a kitchen with granite countertops and stainless steel appliances, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Living & Income Potential
The property features a detached 2-bedroom, 2-bathroom guest house, providing exceptional versatility for significant rental income, multigenerational living, or a private professional retreat.
- Rare Parking & Lot Size
Situated on an oversized 8,259 SF lot, the residence includes a 3-car garage and gated rear driveway access, offering a level of parking capacity and outdoor space rarely found in Santa Monica.
- Prime Coastal Location
Located in the highly sought-after Sunset Park neighborhood, the home offers immediate proximity to Silicon Beach tech hubs, Santa Monica College, and the beach, ensuring strong long-term desirability.
CONSRISKS & DEFICIENCIES
- Absence of Views
Despite its coastal proximity and premium price point, the property lacks the ocean or city views often expected by luxury buyers in the Santa Monica market.
- Dated Architectural Era
Built in 1979, the home’s original design and layout may require additional modernization to compete with the contemporary new-construction residences prevalent in this price bracket.
About 2222 Pier Avenue
Sunset Park Home with Income Potential - Rare opportunity to own a versatile coastal home in one of Santa Monica's most desirable neighborhoods. This expansive property features a 5-bedroom, 3-bath main residence PLUS a newer 2-bedroom, 2-bath detached guest house/adu, offering flexibility for multigenerational living, rental income, or a private office retreat. The main home is filled with natural light and ocean breezes, highlighted by soaring entry ceilings, marble flooring, plantation shutters, and recessed lighting throughout. The chef's kitchen showcases granite countertops, stainless steel appliances, and a breakfast bar, opening to a welcoming family room with fireplace and wet bar--ideal for entertaining. The detached guest house offers its own open living area and kitchenette, making it perfect for extended family, long-term rental income, or creative workspace. Set on an oversized 8,259 SF lot, the property features a tranquil, zen-inspired front yard with fountain, and a backyard designed for entertaining with a built-in BBQ. Gated rear driveway access and a 3-car garage provide rare parking capacity for Santa Monica. Energy-efficient upgrades include solar panels and dual-pane windows. Located in highly sought-after Sunset Park, just minutes to the beach, Main Street, Santa Monica College, UCLA, Silicon Beach tech hubs, and LAX.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 8,259 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.1 |
| Baths | 3.0 | 2.9 |
| Square foot | 3,464 | 1,967.643 |
| Lot Size | 8,259 | 6,981.625 |
| Price | $3.12M | $3.73M |
| Price per sq ft | $902 | $1.7K |
| Built year | 1979 | 1940 |
| HOA | $0 | $0 |
| Days on market | 49 | 58 |
Pricing History
Listed for Sale
Jul 22, 2026
$3,125,000
Initial Listing
Sold
Jun 23, 2017
$2,500,000
Public Record